Q$2\mathrm{.}3($Algo$)$ Inventory Cost $[2\mathrm{.}4]$

A manufacturing company producing medical devices reported

$$72,000,000$ in sales over the last year. At the end of the same year, the

company had $$27,000,000$ worth of inventory of ready$-$to$-$ship devices.

a$.$ Assuming that units in inventory are valued $($based on COGS$)$ at $$900$

per unit and are sold for $$1,800$ per unit, what are the annual inventory

turns? The company uses a $20$ percent per year cost of inventory. That is$,$

for the hypothetical case that one unit of $$900$ would sit exactly one year

in inventory, the company charges its operations division a $$180$

inventory cost. $($Round the answer to $2$ decimal places.$)$

b$.$ What is the per unit inventory cost in $ for a product that costs $$900?$

$($Round intermediate calculations and final answer to $2$ decimal places.$)$